Economy

New duties cover products ranging from wine to hockey sticks and cement, including goods that qualify under the USMCAÂ

Euro area swings to $8.9 billion trade deficit as imports rise 10 percent, EU gap hits $13.8 billion
An energy shortfall and weaker manufacturing surplus reversed last year’s EUR15 billion goods trade surplusÂ

The central bank signaled that further increases may follow as inflation and household debt risks persistÂ

Despite the slowdown, China’s economy expanded 4.7 percent in the first half of the year, keeping growth broadly on track with Beijing’s annual target

World Bank keeps China GDP growth forecast at 4.4 percent for 2026 as AI investment supports economy
The economy remains resilient despite global energy and external risks

India and Japan agreed to deepen cooperation in areas including artificial intelligence, critical minerals, energy and defense
Samsung Electronics and SK Hynix will jointly invest 800 trillion won to build two advanced semiconductor fabrication plants each

The move fulfills the EU’s obligations under a trade deal and helps avoid renewed tariff tensionsÂ















